Top russian exports

(VOVworld) - Russia has secured at least 7.5 billion USD in arms contracts with foreign customers since the beginning of 2014, said Russian President Vladimir Putin at a Wednesday meeting on Russia's military-technical cooperation. Putin added that as a result, the foreign orders portfolio shows a steady trend at around 50 billion USD. He said Russia has developed long term strategic partnerships with its arms importers, noting such ties should be maintained and enhanced. Russia, already the world's top arms exporter, sold some 15.7 billion dollars worth of weapons abroad -- primarily guns, missiles and fighter jets -- in 2013. Russian arms exports in the first half of 2014 reached 5.5 billion USD. Russian weapons are sold to 66 countries and Russia has signed military technical cooperation agreements with 85 countries. … [Read more...] about Russia sees sharp increase in arms exports

By Thuy Dung - The Saigon Times Daily
HANOI – Russia places on high priority the development of relations with Vietnam, especially in trade, said the Russian ambassador to Vietnam at a press conference in Hanoi on Wednesday.
Andrey G. Kovtun told reporters during the regular year-end meeting that opportunities were opening up to boost trade ties between the two countries now that the country’s access to the World Trade Organization (WTO) is nearing. Furthermore, there is the high possibility of concluding the Free Trade Agreement (FTA) among the tariff union including Russia, Belarus, Kazakhstan and Vietnam, which will further increase the trade between the two countries, Andrey added.
The year 2011 is an important year in terms of implementing trade agreements signed by the two parties in the previous year. However, the results have not been relevant to the trading potential between the two countries, said the Russian envoy.
Data from the General Department of Vietnam … [Read more...] about Russia considers Vietnam ties top priority in Asia

(VOVworld) – Top Russian foreign policy advisor Yuri Ushakov said President Vladimir Putin will visit Iran to attend the Gas Exporting Countries Forum on November 23 and will hold talks with Iranian leaders. The visit will take place amid Russia is trying to increase economic ties with Iran after Tehran reached a nuclear agreement with the US and other world powers in July. President Putin’s last visit to Iran was in 2007. … [Read more...] about Russian President to visit Iran in late November

The Competition Management Department at the Ministry of Industry and Trade said a competitor, ABTours, filed a complaint late last year against Anh Duong Manufacturing, Commerce, Service and Export Import Company based in Ho Chi Minh City. ABTours said Anh Duong (which partnered with Russia-based Pegas Touristik to bring most of the Russian visitors to the central resort town Nha Trang) routinely books out entire hotels. ABTours General Director Nguyen Ngoc Luong said many Nha Trang hotels had refused their bookings even though they still had many rooms available, citing exclusivity contracts with Anh Duong. The contracts allegedly required the hotels to only accept bookings from Russian, Ukrainian and other Russian Commonwealth tourists provided by Anh Duong. Local hotels told provincial authorities that Anh Duong had imposed the condition on at least 43 hotels, most of them big ones. Its partner Pegas signed similar contracts with eight other hotels in town. Dr Pham Trung Luong, … [Read more...] about ‘Tourism firm pursued Russian monopoly in Nha Trang’: competitor

Last month, when President Vladimir Putin of Russia announced plans to sell a powerful anti-missile system to Iran before the lifting of international sanctions, Israel was quick to join the U.S. in expressing shock and anger. But behind the public announcements is a little-known web of arms negotiations and secret diplomacy. In recent years, Israel and Russia have engaged in a complex dance, with Israel selling drones to Russia while remaining conspicuously neutral toward Ukraine and hoping to stave off Iranian military development. The dance may not be over. Critics of the Russian move say it undermines efforts to apply pressure to Iran by removing one building block of a sanctions regime that will be hard to put back together. It would also enhance Iran’s defenses against a potential U.S. or Israeli attack, as both countries have said they’d consider using force if diplomacy fails. Israeli officials, including Prime Minister Benjamin Netanyahu, warned that the missiles, … [Read more...] about Russian missile sale to Iran involves unseen deals with Israel